Stocks to Watch Recap: AMD, CoreWeave, McDonald's, SpaceX -- WSJ

By WSJ Staff

SpaceX (SPCX): Elon Musk's rockets-and-AI company slid 3.8% after Democrats swept Congress and unseated the Republican governor of Texas, a key state for planned buildouts of data centers. Musk's Tesla (TSLA) fell about 3.3%.

Trump Media & Technology (DJT): The president's social-media company sank 25% following the midterm election results.

Advanced Micro Devices (AMD): The chip maker's pared gains to finish 1% higher after it beat Wall Street expectations for sales in the latest quarter.

CoreWeave (CRWV): The data-center builder dropped 10%. The defeat of Republican governors in Texas and Ohio has raised the potential for state-level policies that could slow the AI infrastructure buildout.

Hanwha Solutions (KR:9830): The South Korean solar-panel maker jumped 19% as the election results appeared to improve prospects for renewable-energy firms in the U.S. In Europe, shares of Danish wind-power developer Orsted (DK:ORSTED) rallied 4.6%.

Qualcomm (QCOM): The chip maker reported earnings and gave new guidance. Shares dropped 4.8% in afterhours trading, giving back most of its gains during the regular session.

McDonald's (MCD): The burger chain reported higher profit and revenue, as solid performance across much of its international business offset sluggish sales in the U.S. Shares jumped 6.5%.

Uber Technologies (UBER): The ride-hailing company's shares advanced 4.9%. Results were hurt by elevated fuel costs and local labor conditions, but revenue and adjusted earnings beat expectations.

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(END) Dow Jones Newswires

November 04, 2026 16:23 ET (21:23 GMT)